Prudential financial, inc. (PRH)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
REVENUES
Premiums

7,664

11,230

6,937

8,135

7,900

12,220

8,810

7,438

7,311

9,489

7,795

8,326

6,481

8,097

9,635

6,935

6,297

8,307

5,985

7,582

6,647

10,713

6,644

6,068

5,868

6,090

6,141

6,922

7,084

41,998

9,027

7,556

6,773

6,437

6,084

6,270

5,510

4,738

4,654

4,604

4,242

4,224

4,100

4,187

4,034

3,618

3,927

Policy charges and fee income

1,489

1,515

1,519

1,473

1,471

1,520

1,498

1,480

1,504

1,543

1,502

725

1,533

1,491

1,540

1,276

1,599

1,490

1,624

1,250

1,608

1,662

1,496

1,520

1,501

1,427

1,257

1,375

1,356

1,154

1,224

1,062

1,049

1,013

958

1,005

948

887

761

859

816

781

613

713

726

711

824

Net investment income

4,202

4,541

4,438

4,390

4,216

4,036

4,046

4,096

3,998

4,209

4,076

4,089

4,061

3,988

4,073

3,789

3,670

3,648

3,741

3,671

3,769

3,823

3,841

3,754

3,838

3,730

3,650

3,711

3,638

3,550

3,433

3,358

3,320

3,346

3,333

3,327

3,118

3,065

3,016

2,912

2,872

2,856

2,854

2,831

2,849

2,931

3,026

Asset management and service fees

1,033

1,102

1,038

1,083

1,016

1,027

1,037

1,010

1,026

1,198

1,005

973

951

972

955

920

905

918

946

956

952

938

949

928

904

927

858

880

820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Income

-2,591

1,045

320

643

1,254

-1,087

606

-54

-507

337

327

420

217

435

-55

86

-23

58

-397

124

215

-2,155

-625

267

535

-886

1,514

-1,823

-2,004

-3,436

905

2,397

-135

1,059

2,028

1,174

644

530

1,457

826

928

892

1,420

1,419

778

43

824

Realized investment gains (losses), net:
Other-than-temporary impairments on fixed maturity securities

-

-

186

77

-

150

32

58

39

157

22

53

57

65

29

17

158

31

81

54

14

14

2

32

79

208

359

180

308

266

426

346

573

596

402

629

575

818

435

514

1,249

224

398

1,244

1,855

452

661

Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income

-

-

43

25

-

0

0

0

0

12

0

7

3

73

0

6

-32

0

8

25

6

5

-3

6

63

155

316

147

238

229

331

253

461

434

286

476

471

569

345

375

995

-6

38

745

1,250

0

0

Other realized investment gains (losses), net

-

-

996

-284

-

866

183

743

464

-366

1,630

-1,046

481

-1,877

842

1,444

2,007

-134

1,773

158

2,369

753

80

635

224

-1,296

-2,067

-991

-653

-338

-1,350

1,856

-1,272

47

2,644

621

54

-905

119

1,925

643

-90

-84

-1,772

743

179

-237

Realized investment gains (losses), net

1,667

-210

853

-336

-766

716

151

685

425

-511

1,608

-1,092

427

-1,933

813

1,433

1,881

-165

1,700

129

2,361

744

75

609

208

-1,349

-2,110

-1,024

-723

-375

-1,445

1,763

-1,384

-115

2,528

468

-50

-1,154

29

1,786

389

-320

-444

-2,271

138

-273

-898

Total revenues

13,464

19,223

15,105

15,388

15,091

18,432

16,148

14,655

13,757

16,265

16,313

13,441

13,670

13,050

16,961

14,439

14,329

14,256

13,599

13,712

15,552

15,725

12,380

13,146

12,854

9,939

11,310

10,041

10,171

45,944

13,144

16,136

9,623

11,740

14,931

12,244

10,170

8,066

9,917

10,987

9,247

8,433

8,543

6,879

8,525

7,030

7,703

BENEFITS AND EXPENSES
Policyholders' benefits

9,006

11,783

7,722

8,877

8,438

12,906

9,311

9,512

7,675

10,248

8,193

8,328

7,025

8,457

10,155

7,989

7,031

8,888

6,648

7,852

7,239

11,401

7,334

6,466

6,386

6,253

6,237

7,024

7,219

41,685

9,576

7,427

6,443

5,938

6,208

6,035

5,433

4,617

4,538

4,887

4,243

4,194

3,925

3,886

4,341

3,954

4,011

Interest credited to policyholders' account balances

392

1,151

1,106

1,278

1,345

722

1,030

894

550

900

1,035

947

940

593

824

1,058

1,286

730

840

676

1,233

1,188

882

1,178

1,015

908

759

394

1,050

964

1,057

1,247

966

1,007

1,463

1,191

823

569

1,174

1,231

1,235

899

1,317

1,099

1,169

496

745

Dividends to policyholders

-77

593

667

437

577

22

446

540

328

485

500

491

615

592

569

598

266

627

367

437

781

660

745

711

600

463

582

445

560

613

517

604

442

762

679

734

548

642

512

518

517

456

566

277

-1

779

158

Amortization of deferred policy acquisition costs

957

524

591

782

435

509

563

613

588

414

643

84

439

133

115

427

1,202

274

922

135

789

708

346

482

437

254

-452

220

218

310

182

1,237

-225

320

1,510

511

354

-327

-6

992

426

-

-

-

-

-

-

General and administrative expenses

3,524

3,828

3,294

3,138

3,156

3,220

2,960

2,846

2,923

3,102

2,921

2,983

2,909

2,958

2,983

3,026

2,812

2,894

2,773

2,483

2,762

3,518

2,789

2,802

2,698

2,943

2,658

2,727

2,683

2,940

2,742

2,652

2,760

2,867

2,665

2,689

2,384

2,690

1,949

1,853

1,817

707

1,887

1,627

3,013

1,997

2,161

Total benefits and expenses

13,802

17,879

13,380

14,512

13,951

17,379

14,310

14,405

12,064

15,149

13,292

12,833

11,928

12,733

14,646

13,098

12,597

13,413

11,550

11,583

12,804

17,475

12,096

11,639

11,136

10,821

9,784

10,810

11,730

46,512

14,074

13,167

10,386

10,894

12,525

11,160

9,542

8,191

8,167

9,481

8,238

7,750

7,695

6,889

8,522

7,226

7,075

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-338

1,344

1,725

876

1,140

1,053

1,838

250

1,693

1,116

3,021

608

1,742

317

2,315

1,341

1,732

843

2,049

2,129

2,748

-1,750

284

1,507

1,718

-882

1,526

-769

-1,559

-568

-930

2,969

-763

846

2,406

1,084

628

-125

1,750

1,506

1,009

683

848

-10

3

-196

628

Income Tax Expense (Benefit)

-58

221

332

162

232

218

184

68

352

-2,758

800

125

395

35

501

431

368

110

584

679

699

-294

-234

404

473

-453

497

-275

-827

-381

-328

743

179

203

860

292

160

-58

524

426

351

256

-153

-163

-2

-149

60

Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest

-280

-

-

-

908

-

-

-

-

-

-

-

-

-

-

-

-

-

1,467

1,459

2,046

-1,451

523

1,109

1,245

-424

1,032

-489

-686

-185

-557

2,232

-935

644

1,613

802

572

-18

1,240

1,089

668

1,920

1,032

158

-1

-176

592

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

1,393

714

-

835

1,654

182

1,341

3,874

2,221

483

1,347

282

1,814

910

1,364

733

1,465

1,450

2,049

-1,456

518

1,103

1,245

-429

1,029

-494

-732

-187

-602

2,226

-942

643

1,546

792

468

-67

1,226

1,080

658

427

1,001

153

5

-47

568

Equity in earnings of operating joint ventures, net of taxes

10

15

32

24

29

14

21

18

23

-9

20

13

25

11

18

15

5

7

2

9

-3

5

5

6

0

5

3

5

46

2

45

6

7

1

67

10

104

49

14

9

10

1,493

31

5

-6

-129

24

Income (loss) from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4

0

4

4

-4

8

2

1

3

-2

7

7

14

-9

16

14

13

2

15

3

-45

0

22

4

5

-3

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-270

1,138

1,425

738

937

849

1,675

200

1,364

3,865

2,241

496

1,372

293

1,832

925

1,369

740

1,467

1,459

2,046

-1,447

523

1,113

1,249

-428

1,040

-487

-685

-182

-559

2,239

-928

658

1,604

818

586

-5

1,242

1,104

671

1,875

1,032

180

3

-171

589

Less: Income (loss) attributable to noncontrolling interests

1

10

7

30

5

7

3

3

1

100

3

5

3

9

5

4

33

5

2

53

10

12

11

23

11

32

13

27

35

-1

25

15

11

-30

10

29

25

12

-2

27

-26

10

-50

17

-11

5

8

NET INCOME (LOSS) ATTRIBUTABLE TO PRUDENTIAL FINANCIAL, INC.

-271

1,128

1,418

708

932

842

1,672

197

1,363

3,765

2,238

491

1,369

284

1,827

921

1,336

735

1,465

1,406

2,036

-1,459

512

1,090

1,238

-460

1,027

-514

-720

-181

-584

2,224

-939

688

1,594

789

561

-17

1,244

1,077

697

1,865

1,082

163

14

-176

581

Earnings Per Share, Basic [Abstract]
Income (loss) from continuing operations attributable to Prudential Financial, Inc. (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3.22

3.07

4.44

-2.64

1.00

2.25

2.62

-

-

-

-1.58

-

-

-

-2.04

-

-

-

1.09

-

-

-

-

-

2.36

1.20

0.00

-0.27

1.34

Income (loss) from discontinued operations, net of taxes (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

0.01

0.01

-

-

-

0.00

-

-

-

0.01

-

-

-

0.03

-

-

-

-

-

0.00

0.05

0.01

0.02

-0.01

Earnings Per Share, Basic

-0.70

2.78

3.47

1.73

2.25

2.02

3.97

0.46

3.19

8.73

5.19

1.13

3.14

0.68

4.14

2.06

2.97

1.64

3.22

3.07

4.44

-2.64

1.00

2.26

2.63

-

-

-

-1.58

-

-

-

-2.03

-

-

-

1.12

-

-

-

-

-

2.36

1.25

0.01

-0.25

1.33

Earnings Per Share, Diluted [Abstract]
Income (loss) from continuing operations attributable to Prudential Financial, Inc. (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3.16

3.03

4.37

-2.58

0.99

2.21

2.58

-

-

-

-1.58

-

-

-

-2.04

-

-

-

1.08

-

-

-

-

-

2.35

1.20

0.00

-0.27

1.33

Income (loss) from discontinued operations, net of taxes (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.01

0.00

0.01

0.01

-

-

-

0.00

-

-

-

0.01

-

-

-

0.02

-

-

-

-

-

0.00

0.05

0.01

0.02

-0.01

Earnings Per Share, Diluted

-0.70

2.74

3.44

1.71

2.22

2.00

3.90

0.46

3.14

8.56

5.09

1.12

3.09

0.67

4.07

2.04

2.93

1.61

3.16

3.03

4.37

-2.57

0.99

2.22

2.59

-

-

-

-1.58

-

-

-

-2.03

-

-

-

1.10

-

-

-

-

-

2.35

1.25

0.01

-0.25

1.32

Income from continuing operations attributable to Prudential Financial, Inc. per share of Class B Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5.50

-

-

-

6.50

-

-

-

6.50

-

-

-

-

-

-10.00

-193.00

4.00

-34.00

0.50

Income from discontinued operations, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

-

-

0.00

-

-

-

0.00

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

Net income attributable to Prudential Financial, Inc. per share of Class B Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5.50

-

-

-

6.50

-

-

-

6.50

-

-

-

-

-

-10.00

-193.00

4.00

-34.00

0.50

Dividends declared per share of Common Stock (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.75

0.75

0.70

0.70

0.70

0.70

0.70

0.58

0.58

0.58

-

0.53

0.53

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-